APC apc minerals limited

Cup and Handle Formation, page-104

  1. 5,879 Posts.
    lightbulb Created with Sketch. 305
    It is totally a fair call to not look at this through rose colored glasses

    I wouldn't however do that through looking at small mismatches on three month options that were marked down 10% at close - or the market depth for that matter

    The options may well trade with a 1c discount all the way till expiry IMHO - not a biggie really there is no time premium left really and the only people that would have incentive to bid them up would be traders eying a quick break from 14c to 20c and that would be a very quick move not sustained for more than a few hours

    There don't seem to be stacks of traders here

    We could look at the GPH chart however which IMO is extremely bullish - but of course all caveats apply
 
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Mkt cap ! $2.636M
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Price($) Vol. No.
1.1¢ 579806 4
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